Business Finance and Interpreting Financial Statements
5 & 6 February 2025, 09:30 - 12:45 (UK)
Online Training Workshop
5 & 6 February 2025 - Two half-days
In today's dynamic business landscape, fluency in financial language is not just an advantage—it's a necessity. Whether you're a newcomer to finance or a seasoned professional seeking to sharpen your analytical skills, our course is tailored to meet your needs.
Join us for this immersive learning experience and gain the competitive edge you need to excel in today's business environment.
Members: £249
Non-members: £299
What will I get by attending the workshop?
The workshop is split into two main parts:
- Commercial cashflow, process and language, and
- Financial statements and basic interpretation.
Session 1:
By the end of this session, participants will be able to:
- Describe the cash flow in a commercial firm, and the risks
- Describe the sources of funding and the implications of each
- Explain the purposes of and interpret financial statements: reading between the lines
- Explain and apply the financial language of measurement and reporting.
- Apply the key ratios to measure financial performance, resilience and the critical indicators of a company’s health
- Introduce and explore “M&As”, “MBOs” and “IPOs”: the drivers and implications
Session 2
By the end of this session, participants will be able to:
- Highlight the particular duties, responsibilities and legal obligations of directors in the UK
- Revise cash flow and the main financial statements.
- Describe capital gearing, identify the benefits and assess the inherent risks
- Explore the alternative ways of investment appraisal, and apply the tools of discounted cashflow/net present value/internal rate of return/hurdle rates.
- Identify the inherent risks within any form of investment appraisal.
- Outline the alternative ways of company valuation, and when/where each would be most appropriate.
- Extend ratio analysis to earnings per share; price/earnings and market capitalisation
- Draw out some the financial characteristics material to different industries.
Who should attend?
Whether you're a broker, underwriter, or finance enthusiast, our webinar series promises to be a valuable investment in your professional growth.
At one level it can be an introduction or revision to finance and financial statements. At a second level, it is directed to brokers and underwriters in D & O and financial lines, for whom interpreting client accounts is essential.
Overview
This two half-days online interactive Training Workshop, will cover:
Session 1
- Cashflow: keeping the business money machine working
- cash v profit
- financial concepts
- sources of finance: equity and debt
- working capital dynamics
- assets and liabilities
- fixed and variable costs
- creditors, debtors and credit control
- revenue, cost and break even
- depreciation and amortization
- the three main financial statements
- solvency and liquidity
- key ratios and financial analysis of profit, liquidity and return
- Mergers and acquisitions, Management buy outs, Initial public offerings.
Session 2
This second session follows on from the initial introduction into financial statements and financial, and an introduction the critical indicators of financial health.
This is a more practical, hands-on workshop.
Part A: Individual needs/desired outcomes and an overview of Directors duties within UK governance. Revision, in the form of a practical exercise to assess adequate liquidity.
Part B: “Advanced concepts” and application to the case study firm from the Part 1 course.
Part C: What to look at. Different business models have different financial characteristics and risk triggers.
The additional topics will be covered by separate handouts specific to each, along with a PDF of the PowerPoint visuals.
Method of delivery
The Training workshops will be delivered online, over two half-days (7 hours in total), via Zoom / MS Teams, on 5 & 6 February 2025, 09:30 - 12:45 (UK).
Delegates will be provided with short breaks during the sessions.
The training blends input, discussion and short practical exercises to progressively build and interpret the main financial statements.
Support notes are sent out as a pdf and participants are invited to read them beforehand. This focuses participants’ needs and they are invited to submit them in advance of the first session. Exercises are also sent out in pdf but ideally should be printed for use during the sessions.
Delegates must ensure they can access the online workshop via Zoom.
Trainer
John Constable
John has been in insurance for over 30 years. He now runs regulatory, risk, financial and business skills training for brokers and insurers. John’s versatility enables “joined up” training and coaching across many business subjects, bringing commercial awareness, credibility and energy. His work includes open and bespoke in-company courses, board training and development and executive coaching, and he was a faculty member on two of the Lloyd’s modular development programmes for young professionals.
Certificate
At the end of this workshop, you will receive a certificate of attendance from the Chartered Insurance Institute.
Price
- Members: £249
- Non-members: £299
How to book
To register for this workshop, please complete the below form:
For enquiries about this course, please email to: business.enquiries@cii.co.uk
Please note: courses are sold on a first come first serve basis, and therefore availability may change, depending on the number of bookings received. Once a course becomes full, the above date will no longer be available, and new dates will be published.
We reserve the right to postpone the above course dates, subject to a minimum number of course bookings received. Your booking will only be confirmed, once payment has been processed and you receive a booking confirmation email from the training team.
Can't attend on this date? Register your interest in other training courses and future dates.
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